Vanguard Total International Bond Index Fund Investor Shares VTIBX

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VTIBX’s performance objective and investment process is for both security selection and portfolio construction.

The People Pillar is our evaluation of the VTIBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

The Parent Pillar is our rating of VTIBX’s parent organization’s priorities and whether they’re in line with investors’ interests.